Economics 7344 
Macroeconomic Theory II
Spring 2010




NOTE: No TA-session Friday March 12.


TA is Jie Zhou. Her office hours are Monday 3.00-5.00.


TA  Session will be Friday 11.30-1pm  in Rm 212. Starting January 29th.


Midterm 1: Monday March 1th  

Midterm 2: Monday April 5th.

FINAL date is Friday April 30th.

Last year’s first midterm exam

Last year’s second midterm exam

Last year’s final


  Note on IS-LM

  Guide to Romer Chapter 5

  Short Introduction to Time Series
   Permanent Income and Measurement Error in Consumption Functions

  The general Euler Equation and Hall's version of the PIH

  Excess Sensitivity, Rule-of-Thumb Consumers and IV estimation

  The Impact of Income "Shocks" on Consumption and ``Excess Smoothness' of Consumption"

  The Impact of Interest Rates on Consumption

  The Consumption CAPM


  Ostergaard, Sorensen, Yosha, JPE 2002


Assignment                      Due 

HW #1 

 pdf                                  2/1

HW #2

 pdf                                  2/8

HW #3

 pdf                                  2/15

HW #4

 pdf                                  2/22

HW #5

 pdf                                  3/22

HW #6

 pdf                                  3/29

HW #7

 pdf                                  4/19

HW #8

 pdf                                  4/26

HW #9


HW #10